COMMENT | Securities Commission (SC) executive chairperson Faiz Azmi claimed the law prevents him from disclosing if the commission is investigating the so-called “corporate mafia” where, allegedly, powerful hands work with the MACC to change control of companies.

However, the evidence indicates he is wrong.

Faiz (above) had strong words when questioned by reporters about whether he would be investigating the allegations.

Not only did Faiz refuse to reveal whether the SC was investigating the reports, but he said he could go to jail if he...